Pip Scalpers MT4
Pip Scalpers v1 — Market Velocity | EURUSD USDJPY GBPUSD H1 | MT4
About Pip Scalpers MT4
The Pip Scalpers is a fully automated Expert Advisor for MetaTrader 4, available on the MQL5 Market (product/31634). The system uses a Market Velocity strategy — analysing the speed and momentum of price movement to identify scalping opportunities. It can be deployed on multiple currency pairs including EURUSD, USDJPY, and GBPUSD, with the H1 (1-hour) timeframe recommended for the best balance of signal quality and trade frequency. The developer recommends using the EA with ECN or STP brokers offering low spread and commission, a leverage of at least 1:500–1:1000, and a minimum deposit of $1,000 for proper risk management.
- Platform: MetaTrader 4
- Strategy: Market Velocity — price momentum and speed analysis
- Pairs: EURUSD, USDJPY, GBPUSD
- Timeframe: H1 (recommended)
- Broker: ECN/STP low spread + commission
- Leverage: 1:500 – 1:1000 recommended
- Min deposit: $1,000
- Source: mql5.com/en/market/product/31634
Key Features
✓ Market Velocity strategy — enters based on price speed/momentum, not lagging indicators
✓ Multi-pair — EURUSD, USDJPY, GBPUSD coverage on H1
✓ H1 scalping — higher-timeframe scalping reduces noise vs. M1/M5 systems
⚠ Requires ECN/STP broker — high spread will significantly impact scalper profitability
⚠ $1,000 minimum deposit and 1:500+ leverage required for recommended lot sizing